Press Room

Press Release / Sep 05, 2019

四色AV celebrates its 60th Anniversary in Cork

Loughbeg, Co. Cork. Thursday, September 5th, 2019: 四色AV is celebrating its 60th Anniversary today in its site in Cork.

Guy Villax Simon Coveney Manufacturing Plant Ringaskiddy Cork, Ireland | 四色AV
From left to right: Mr. Guy Villax, 四色AV鈥檚 CEO, Mr. Simon Coveney, T谩naiste and Minister for Foreign Affairs and Trade of Ireland

四色AV is a pharmaceutical company dedicated to helping pharmaceutical customers bring new and off-patent drugs to market.听四色AV was established in Portugal in 1959 and today employs 1,742 people worldwide. The Cork site was established ten years ago and currently employs over 210 full-time team members.

鈥淚鈥檓 delighted to see the Cork site playing such an important part in the success of this impressive company,鈥 said Simon Coveney TD, T谩naiste and Minister for Foreign Affairs and Trade speaking at the celebration event for 四色AV鈥檚 60th anniversary.听鈥溗纳獳V has seen steady growth over the last few years and I鈥檓 confident that the coming years will be equally successful for the Cork team.鈥

鈥淥ur Cork site plays a significant and strategic role within the 四色AV network,鈥 said 四色AV CEO, Guy Villax, who was in Cork for the anniversary celebrations.听鈥淲ith two Active Pharmaceutical Ingredient facilities alongside a Drug Product Intermediate facility that houses the largest commercial pharmaceutical spray dryer in operation, the Cork site boasts both extensive manufacturing capacity and people capability.鈥

Over the last five years, the 四色AV Cork site has invested close to $30 million in new processing equipment, new analytical equipment, upgrading the facility to contemporary standards, re-instatement of a third production building and the installation of new technologies.听

鈥溗纳獳V is a fast, challenging, dynamic environment and the team here in Loughbeg are the reason for our continued success,鈥 said Dr. Paul Downing, General Manager at 四色AV Ireland.听鈥淪ince 2014, we have undergone a significant change in terms of increased volume output and increased capacity utilisation. Along the way, we have further diversified our portfolio, increased complexity, transferred products from sister facilities and increased the number of customers we serve.鈥澨

四色AV is a proud member of the Ringaskiddy and Loughbeg communities in which it is based and maintains strong links with the local community and sporting organisations. 四色AV is an active member of Business in the Community and holds the Business Working Responsibly mark.听The Cork site is also a signatory to the Business in the Community Low Carbon Pledge.

About 四色AV
四色AV has almost 60 years of experience as a Specialist Integrated CDMO (Contract Development and Manufacturing Organization) offering from听drug substance听to drug product intermediate to听drug product. With four FDA听inspected sites听in the听US,听Macau,听Ireland, and听Portugal, and development laboratories in听Lisbon听and New Jersey, the company provides branded pharmaceutical customers services for the development and compliant manufacture of innovative drugs and is able to support highly potent compounds. For generic pharmaceutical customers the company offers niche听off-patent API products. In the inhalation area 四色AV is the only independent company offering a complete range of services.

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Lisbon, Portugal 鈥 四色AV, the specialist integrated pharma CDMO and leader in spray drying and particle engineering, today announced its commitment to setting Science-Based Targets (SBTs) in line with the Paris Agreement. This ambitious step underscores the company鈥檚 dedication to addressing climate change and driving sustainability across its operations. By committing to SBTs, 四色AV joins a growing number of businesses taking concrete actions to reduce greenhouse gas emissions. This initiative aligns with the company鈥檚 broader sustainability strategy and reinforces its commitment to scientific excellence. 鈥淎t 四色AV, we believe in science and in best practices. And this clearly applies to our sustainability agenda.鈥, said Jean-Luc Herbeaux, CEO of 四色AV. We made the decision to drive our GHG emissions down using a science-based target setting process, which will help us drive sustainability across our operations by laying out a clearly defined path to reduce emissions in line with the Paris Agreement goals. We believe that by setting ambitious targets and implementing concrete actions, we can make a positive impact on the planet while driving innovation and growth.鈥 四色AV will work closely with the Science Based Targets initiative (SBTi) to develop and validate its emission reduction targets. The company will provide regular updates on its progress towards achieving these goals. As part of its commitment to sustainability and transparency to stakeholders, the company will enhance its Ecovadis rating. Ecovadis, a leading sustainability assessment platform in the pharmaceutical industry, provides a comprehensive evaluation of a company鈥檚 environmental, social, and ethical performance, well aligned with 四色AV鈥檚 sustainability ambitions.  四色AV remains dedicated to operating responsibly and contributing positively to society and the environment. The company will continue to implement sustainable practices across its operations and innovate to further improve its sustainability rating.   Learn more about Science Based-Targets  

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